Development of an organizational and economic mechanism for the implementation of a product selection recommendation system

The study includes an analysis of existing problems that arise in the process of choosing a product, including complex technical devices. Based on the analysis, the paper proposes an organizational and economic mechanism that allows for the introduction of a recommendation system into the activities...

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Main Author: B.V. Kosogovskii
Format: Article
Language:English
Published: Ural State University of Economics 2025-01-01
Series:Цифровые модели и решения
Subjects:
Online Access:http://usue-journal.ru/en/issues-2024/70-anglijskij-yazyk/tsmiren/11/523-development-of-an-organizational-and-economic-mechanism-for-the-implementation-of-a-product-selection-recommendation-system
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author B.V. Kosogovskii
author_facet B.V. Kosogovskii
author_sort B.V. Kosogovskii
collection DOAJ
description The study includes an analysis of existing problems that arise in the process of choosing a product, including complex technical devices. Based on the analysis, the paper proposes an organizational and economic mechanism that allows for the introduction of a recommendation system into the activities of an online store, which simplifies the process of choosing a product for the user. This tool will provide the organization with a competitive advantage and will increase website traffic, sales conversion and customer loyalty, which is especially relevant given the growing competition in online trading.
format Article
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institution Kabale University
issn 2949-477X
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publishDate 2025-01-01
publisher Ural State University of Economics
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series Цифровые модели и решения
spelling doaj-art-4cc7052cd1314d32a552594ee6c86a4a2025-01-07T09:10:04ZengUral State University of EconomicsЦифровые модели и решения2949-477X2782-49342025-01-0134697810.29141/2949-477X-2024-3-4-4Development of an organizational and economic mechanism for the implementation of a product selection recommendation systemB.V. Kosogovskii 0Donetsk State University, Donetsk, Russian FederationThe study includes an analysis of existing problems that arise in the process of choosing a product, including complex technical devices. Based on the analysis, the paper proposes an organizational and economic mechanism that allows for the introduction of a recommendation system into the activities of an online store, which simplifies the process of choosing a product for the user. This tool will provide the organization with a competitive advantage and will increase website traffic, sales conversion and customer loyalty, which is especially relevant given the growing competition in online trading.http://usue-journal.ru/en/issues-2024/70-anglijskij-yazyk/tsmiren/11/523-development-of-an-organizational-and-economic-mechanism-for-the-implementation-of-a-product-selection-recommendation-systeme-commerceonline storerecommendation systembig dataneural networksmulti-criteria optimization
spellingShingle B.V. Kosogovskii
Development of an organizational and economic mechanism for the implementation of a product selection recommendation system
Цифровые модели и решения
e-commerce
online store
recommendation system
big data
neural networks
multi-criteria optimization
title Development of an organizational and economic mechanism for the implementation of a product selection recommendation system
title_full Development of an organizational and economic mechanism for the implementation of a product selection recommendation system
title_fullStr Development of an organizational and economic mechanism for the implementation of a product selection recommendation system
title_full_unstemmed Development of an organizational and economic mechanism for the implementation of a product selection recommendation system
title_short Development of an organizational and economic mechanism for the implementation of a product selection recommendation system
title_sort development of an organizational and economic mechanism for the implementation of a product selection recommendation system
topic e-commerce
online store
recommendation system
big data
neural networks
multi-criteria optimization
url http://usue-journal.ru/en/issues-2024/70-anglijskij-yazyk/tsmiren/11/523-development-of-an-organizational-and-economic-mechanism-for-the-implementation-of-a-product-selection-recommendation-system
work_keys_str_mv AT bvkosogovskii developmentofanorganizationalandeconomicmechanismfortheimplementationofaproductselectionrecommendationsystem